Gujarat Raffia Industries Limited
48.01
INR
-2.52
(-4.99%)
Gujarat Raffia Industries Limited
NSE:GUJRAFFIA
(National Stock Exchange of India)
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48.01
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ROIC.AI
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- Business
- Gujarat Raffia Industries Limited Gujarat Raffia Industries Limited manufactures polyethylene and high-density polyethylene (HDPE) tarpaulins, polypropylene (PP) woven bags, and related plastic products for industrial, agricultural, and camping applications. The company produces HDPE tarpaulins, PP woven bags, railway wagon covers, fumigation covers, geomembranes, pond liners (sharkmat), agricultural vermibeds, azolla beds, HDPE grow bags, HDPE weed mats, tarpaulin tents, plastic sheeting, and PP ropes; it also offers ground sheeting, canal linings, shelters, shade nets, and lumber wraps. Incorporated in 1984 and headquartered in Gandhinagar, Gujarat, India, near major sea ports, Gujarat Raffia Industries Limited operates primarily in the packaging and miscellaneous manufacturing sectors, serving domestic and international markets with exports worldwide. The company maintains production facilities equipped with modern machinery and quality controls, sourcing premium raw materials from renowned vendors, while outsourcing lamination on a job-work basis. Recent developments include the appointment of Neha Shyamsingh Tomar as Company Secretary effective March 1, 2025, following resignations of prior compliance officers; change of statutory auditor to M/s. KPSJ & Associates LLP effective August 12, 2025; and sustained debt reduction alongside improved debtor days to 26.4 as of fiscal 2025.